Philadelphia lawyer Andrew Barroway is in talks to purchase the New York Islanders from Charles Wang for $225 million, according to a report by the New York Post.

Reports leaked last week that Wang was open to selling his majority ownership in the Islanders, and the potential deal with Barroway would include an additional $75 million if the franchise hits certain revenue targets.

While Wang has been unable to generate much interest in purchasing the fledgling team in recent seasons, there is a revenue guarantee from Barclays Center, where the Islanders are scheduled to begin playing in 2015, according to the Post. While the franchise is currently among the lowest-attended in the NHL, the Islanders are guaranteed around $50 million annually for regular season games once they move to Brooklyn. Barclays would "keep anything it collects in sponsorship, suite and ticket sales over that amount," per the Post.

This is not Barroway's first attempt to buy an NHL franchise. He was linked to a proposed purchase of the New Jersey Devils last year, with Forbes reporting he lent the team $30 million to make its payroll, escrow and pension payments. Barroway ultimately decided not to pursue the sale after further evaluation of the franchise's finances, and the Devils were sold to Josh Harris, the owner of the Philadelphia 76ers.